An Executive Order has been issued which increases the Section 232 tariffs on steel, aluminum, and their derivative products from 25% to 50%.
The 50% tariff is effective with respect to goods which are entered for consumption on or after 12:01 am eastern daylight time on June 4, 2025.
Please note the following:
- The steel and aluminum tariffs will apply only to the steel and aluminum content of imported products, whereas the non-steel and non-aluminum content of imported products may be subject to other applicable tariffs. This provision is unchanged from the terms of previous Section 232 tariffs.
- Tariffs on steel and aluminum imports from the United Kingdom will remain at 25%, with possible changes or quotas starting July 9, 2025, depending on the status of the U.S.-UK Economic Prosperity Deal.
- No other countries are listed for special treatment.
You can read the full Executive Order here.
A White House fact sheet is here.